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Developing Agile Procurement Strategies: Thriving Amid Global Trade Disruptions

Logistics Viewpoints

Your inbox quickly fills with concerned emails highlighting rising costs, delayed materials, and your teams urgent efforts to assess the situation and determine the next steps. manufacturer I know saw their import costs jump overnight, forcing a rethink of a decade-old sourcing strategy.

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Direct Spend Management: A Checklist for Enabling Shared Value with Direct Suppliers

Logistics Viewpoints

Treating suppliers as essential partners in the field of direct spend management—almost like customers—can be a key component of a successful company strategy. Supply Chain Knowledge and Risk Mitigation: Suppliers have a direct impact on direct spend with raw material and transportation costs as two big drivers of operating margins.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. With logistics, labor, and inventory costs on the rise, finding targeted ways to reduce expenses can have a significant impact on your bottom line.

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Reshoring and Regionalized Freight Networks: The Future of Logistics

TransAudit

This trend, known as reshoring , is driving the emergence of regionalized freight networks , optimizing supply chains for efficiency, cost savings, and resilience. To mitigate risks, manufacturers are embracing regionalized freight networks that reduce dependence on overseas suppliers and enable faster, more reliable deliveries.

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Cost-Saving Tips for Freight Shipping with GoShip

GoShip Blog

According to industry research, businesses that optimize their shipping strategy can reduce costs by up to 30%. Here are some actionable tips to help you save money on freight shipping. Ship Smarter by Consolidating Your Shipments One of the easiest ways to reduce costs is to consolidate shipments whenever possible.

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Key WMS Trends for 2023 with Jim Hoefflin

The Logistics of Logistics

Softeon’s advanced services-based platform is engineered to reduce complex problems into simple solutions for a faster time to value and lower cost of ownership. Cloud computing is the practice of using a network of remote servers hosted on the internet to store, manage, and process data, rather than a local server or a personal computer.

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Circular Supply Chains: Reducing Waste & Maximizing Resources

Log-hub

Raw materials are extracted, transformed into products, used, and eventually discarded. A circular economy , where materials are reused, repurposed, or recycled to create a more sustainable supply chain that minimizes waste and maximizes value. This model helps reduce e-waste while increasing product longevity. The solution?